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PipFinite Trend Laser

4.31

The Pioneer Of Trend Detection!

A Powerful Indicator That Avoids Whipsaws And Uncertain Market Noise.

Functions mainly as a filter to help you trade in the direction of the trend. It works in any pair or timeframe.


Features

Advanced trend detection software using complex algorithms that can be used as the supporting tool or system.

  • Unique trend detection that avoids whipsaws and uncertain market noise
  • Analyzes statistics of maximum profits and calculates possible targets for the next signal
  • Flexible tool, can be used in many ways to improve a trading system
  • Trend Filter
    • Additional filter for existing systems
    • Use Period = 4 to 10
  • Entry Point
    • Entering a trade from a confirmed system
    • Use Period = 2 to 3
  • Exit Strategy
    • Exit will depend on traders discretion according to his/her strategy
      • Support/Resistance Areas
      • Reversal signals from price action patterns
    • Statistical data
      • Exit trades once profit reaches the "Average Profit"
      • Partially close trades when profit reaches the "Minimum Move"
    • We can use Exit Scope as alternate exit strategy
  • Multi Timeframe
    • Higher and lower timeframe directions are the same:
      • Buy trend laser signals on H1 if H4 is uptrend
      • Sell trend laser signals on M15 if H1 is downtrend
  • Color schemes for light and dark charts
  • Never repaints
  • Never backpaints
  • Never recalculates
  • Signals strictly on the "Close of the bar"
  • Compatible with Expert Advisor development


Video References

Please Watch in High-Definition to further understand


Statistics

  • Overall Trades - The total number of past signals.
  • Profitable Trades - The total number of past profitable signals. It is counted by a signal that turned into profit at some point and does not include exit strategy
  • Success Rate - Percentage(%) of past profitable signals. An important filter to scan better performing instruments
  • Best Profit - Is the highest max profit recorded
  • Average Profit - Value that predicts the possible max profit of next signal
  • Minimum Move - Average of past signals lower than the average profit value. Can be used as Minimum TakeProfit or Exit target for scalping


    Application

    If we have 4 Past Signals

    • Signal 1 made 5Pips Max Profit
    • Signal 2 made 20Pips Max Profit
    • Signal 3 made 8Pips Max Profit
    • Signal 4 made 15Pips Max Profit

    Average Profit = (Signal 1 + Signal 2 + Signal 3 + Signal 4)/4 = (5+20+8+15)/4 = 12Pips

    • Signal 5 is expected to reach 12Pips Maximum
    • Average Profit Value can be used Takeprofit or Exit Strategy Value.

    Success Rate - Can be used to locate better trending markets

    • Example 1
      • If a pair has Success Rate Lower than 85%. We can skip trading this pair and look for other pairs with higher success rate
    • Example 2
      • EURUSD H1 Success Rate is 86% while AUDUSD H1 Success Rate is 92%. A wise decision is to pick AUDUSD signals
    Reviews 20
    Eric Venturi-Bloxs
    71124
    Eric Venturi-Bloxs 2022.12.30 05:49 
     

    Excellent

    sweethomeboy2
    288
    sweethomeboy2 2022.12.01 06:57 
     

    the best

    RenCarTom
    216
    RenCarTom 2022.04.15 10:37 
     

    dear sirs i bought the trend laser indic. 2 days ago by mistake would realy like to get trend pro , i made first instalation dog is there a way to exchange them please with a meare price or any other way

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    Filter:
    Eric Venturi-Bloxs
    71124
    Eric Venturi-Bloxs 2022.12.30 05:49 
     

    Excellent

    sweethomeboy2
    288
    sweethomeboy2 2022.12.01 06:57 
     

    the best

    RenCarTom
    216
    RenCarTom 2022.04.15 10:37 
     

    dear sirs i bought the trend laser indic. 2 days ago by mistake would realy like to get trend pro , i made first instalation dog is there a way to exchange them please with a meare price or any other way

    John Fasheyiku
    1584
    John Fasheyiku 2018.11.22 17:03 
     

    Score - 1.5/10

    Summary: Lots of flashing lights, but it's most often late to the party, it would have to be a strong and continuous signal for this to be useful which occurs very infrequently.

    Detail:

    I created an EA (Happy to share for free) specifically to test the laser's trading approaches below

    1: Filter period 3, H4. Entry period 3, H1. (Tried highter & lower time frame combinations) ---> Close trade when price either hits Avg pip, Min pip, or entry signal reverses.

    Outcome: Might as well have taken a guess at when to enter/exit

    2: Repeat the above except filter and trend TFs on same time frame. Filter period = 10, Entry period = 3.

    Outcome: Same as above.

    Noticed a signal purporting to use the Indicator is no longer available, I suspect after a while people find it doesn't work and use something else. Happy to be proven wrong with a working strategy which uses this specific Indicator in the way prescribed in the you-tube videos. If i am will update the review. Until then, I'd steer clear.

    Note: Just realised to use the EA I referenced above you'd need a working version of the trend laser, not worth buying just to use the EA.

    Eldar Eldarov
    511
    Eldar Eldarov 2018.11.13 12:00 
     

    Very good indicator. But on binary options with some filters it works better than your binary options indicator.

    Nadezhda Nechaeva
    393
    Nadezhda Nechaeva 2018.10.25 12:53 
     

    Отличный продукт от отличного программиста, поддержка на высоте. Спасибо большое.

    sunnychow
    8665
    sunnychow 2018.08.16 15:26 
     

    The signal has the lag, it must add the filer to trade. otherwise you will enter market in the end of trend. but some signal is still sounds good.

    Arthit Arunroj
    1176
    Arthit Arunroj 2018.07.23 05:23 
     

    Excellent indicator :-)

    :: Myfxbook :: http://bit.ly/myFxbook

    Piddz
    63
    Piddz 2018.07.17 21:50 
     

    User didn't leave any comment to the rating

    Ahadpour
    131
    Ahadpour 2018.04.13 17:36 
     

    One of the best products and in the market and the best customer support ever.

    I bought the product a year ago so far my questions are answered very quickly and professionally.

    Top product and perfect support makes this product irreplaceable.

    [Deleted] 2018.04.05 10:55 
     

    User didn't leave any comment to the rating

    Chadi Karroum
    206
    Chadi Karroum 2018.03.18 16:05 
     

    thank you for this EA , works well , I want to test it on crypto currency now !

    lafke
    79
    lafke 2018.03.11 14:32 
     

    User didn't leave any comment to the rating

    Obed Everardo Rodriguez Luna
    582
    Obed Everardo Rodriguez Luna 2018.03.01 05:24 
     

    no good

    Janya1958
    897
    Janya1958 2018.02.15 17:59 
     

    Since a long time I trade with PipFinite TrendLaser.It works very well and I am very happy. The further development PipFinite Pro I bought now also. Thank you for this helpful tools!

    changtx
    96
    changtx 2018.02.14 08:17 
     

    User didn't leave any comment to the rating

    Nesho Marinov
    1312
    Nesho Marinov 2018.02.13 14:46 
     

    Well, this indicator is not worth the money. I tried for one week on demo account with different time frame and the signal are lagging. It might work in trending market, who knows, but I didn't have the time to wait for longer period.

    mamboleo
    694
    mamboleo 2018.02.05 12:22 
     

    I use this indicator for always know how the actual trend is and also for good entry preparation.

    Emre Karaca
    445
    Emre Karaca 2018.01.31 14:41 
     

    Not the best indicator but adopted to my strategy and it does the job well

    Domdv
    304
    Domdv 2018.01.30 08:36 
     

    User didn't leave any comment to the rating

    Reply to review
    Version 8.0 2021.11.19
    Compatibility updates for the latest metatrader build.
    Version 6.0 2018.11.08
    Improved compatibility to latest build
    Improved display for high resolution monitors
    Version 5.0 2017.03.02
    Optimized performance
    Screen comments of signals can be enabled or disabled
    Version 3.0 2016.06.09
    Improved display of drawn objects
    Updated alerts
    Updated buffer values returned
    Version 2.7 2016.05.23
    Added Sound Alerts File Name
    Updated input descriptions
    Version 2.6 2015.09.25
    Added a buffer for the EA development
    Indicator buffer #19 = maximum efficiency
    Version 2.5 2015.08.19
    Added success rate as buffer for EA development
    Buffer #18 = Success Rate Filter
    Version 2.4 2015.08.06
    Improved compatibility with the new build
    Added display options
    Added the new Black&White color scheme
    Version 2.3 2015.04.06
    Included average profit and minimum move on the buffers for the EA development
    Improved calculation of the minimum move for trend scalping
    Modified alert message
    Version 2.2 2015.04.02
    Simplified statistics
    Added setting to control display location
    Added setting to highlight Laser (on or off) for personal visual preference
    Version 2.1 2015.03.20
    Improved display of objects
    Version 2.0 2015.01.20
    Added Max History Bars to have more accurate SL and TP values from latest bars.
    Added Display Settings to hide objects.
    Improved calculation of trend.